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For much of the past year, the global economy has defied expectations. Interest rates remain elevated relative to the ultra-low er...
The transaction increases the REIT's ownership of three fully leased hyperscale facilities while Blackstone exits its equity position through a combination of cash and shares.
Founder and Editor, The Tech Capital
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Digital infrastructure REIT Digital Realty (NYSE: DLR) has agreed to acquire Blackstone Inc.'s (NYSE: BX) interests in three hyperscale data centres in Northern Virginia in a transaction valuing the assets at US$7.8 billion, strengthening the data centre operator's presence in the world's largest digital infrastructure market.
Founder and Editor, The Tech Capital
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